Business Made Easy Podcast
How To Free Up More Cash In Your Business
Feb 14, 2019 · 36 min
Play episode

We discuss how to grow your business profit in this episode by looking at your profit margin and doing a spring clean of your overheads in your business.

As your business grows it’s very easy for waste and inefficiency in your overheads to creep in and erode your profit margin. So a regular review of these costs is recommended.

Often as a busy business owner and entrepreneur we are focused on sales and making more income and we rarely review the expenses of the business. But one of the quickest wins you can have with growing your business profit is to review your overheads and expenses in your business and to tighten efficiency and eliminate wastage.

In this episode, you will learn

  • Why your profit margin is so important to your business
  • How the overheads and costs of your business can creep up and out of control.
  • The types of expenses that can blow out in your business
  • Why efficiency in your expenses is important and has an effect on your profit margin.
  • Practical ways to monitor your overheads and ensure they are under control in your business.
Search
Clear search
Close search
Google apps
Main menu